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Home / Metal News / Exports extend rises in Shanghai-bonded copper stocks

Exports extend rises in Shanghai-bonded copper stocks

Dec 7, 2018 19:11

Source:SMM

Stocks increased by 1,400 mt from a week earlier to stand at 410,000 mt as of Friday Dec 7

SHANGHAI, Dec 7 (SMM) – Copper stocks across Shanghai bonded areas increased by 1,400 mt from a week earlier to stand at 410,000 mt as of Friday December 7, SMM data showed.

Domestic smelters continued to accelerate exports and this accounted for the gains. Slow domestic consumption from late-September kept import losses at highs, which buoyed exports from smelters. Few imported cargoes arrived at bonded warehouses this week, SMM learned.

Inventory data

Copper

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This is a roundup of China's metals weekly inventory as of July 2.

Jul 2, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 2)

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

Shanghai bonded refined nickel stocks remained unchanged on week

Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 20,800 mt as of September 4, showed SMM data.

Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

China steel rebar inventory shrank on week in a high season

Inventories of steel rebar across Chinese steelmakers and social warehouses declined in the week ended September 3 as in-plant stocks fell rapidly in a traditional high season.

Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

Social inventories of lead ingots dropped larger than expectations

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped more than 4,700 mt from the prior week to 31,600 mt in the week ended September 4.

Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

Social inventories of lead ingots dipped 700 mt on week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dipped 700 mt from the prior week to 36,400 mt in the week ended August 28.

Aug 28, 2020 13:51

Analysis

Social inventories of lead ingots dipped 700 mt on week

Zinc social inventories expanded 6,700 mt from last Friday

Zinc inventories in China increased 6,700 mt over the weekend, and Shanghai and Tianjin were the two major contributors.

Aug 3, 2020 14:14

Analysis

Zinc social inventories expanded 6,700 mt from last Friday

Silicon social stock rose 1,000 mt on week

Silicon metal inventories in China continued to rise this week, albeit by a slower pace as seasonal gains in south China’s Kunming were offset by losses in the north caused by the shutdown of a major plant in Xinjiang and logistical disruptions amid a flare-up in coronavirus infections there.

Jul 31, 2020 16:33

Analysis

Silicon social stock rose 1,000 mt on week

Primary aluminium inventories fell below 700,000 mt

Social inventories of primary aluminium ingots in China continued to fall over the weekend, suggesting that fundamentals for Shanghai aluminium prices remain firm.

Jul 27, 2020 11:25

Analysis

Primary aluminium inventories fell below 700,000 mt

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Exports extend rises in Shanghai-bonded copper stocks

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